Egypt Lake-Leto, Florida Housing Market Prices
Egypt Lake-Leto Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 40% above the Florida median$436,461
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Median rent 11% below the Florida median$1,480
Housing Market Overview
| Metric | Egypt Lake-Leto | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $436,461 | $311,338 | $248,835 |
| Price Trend (Annual %) | 28.8% | 11.2% | 7.5% |
| Median Gross Rent | $1,480 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 6.3% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Egypt Lake-Leto is about 40% higher than in Florida. Rent is about 11% lower than the Florida average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Egypt Lake-Leto, up about 28.8% and 6.3% a year respectively. Home prices are changing faster.
Median rent in Egypt Lake-Leto rose about 67.7% between 2015 and 2024, from $882 to $1,480. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 8.0 yearly household incomes in Egypt Lake-Leto.
Buying the median-priced home in Egypt Lake-Leto costs roughly 24.6 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Egypt Lake-Leto. The price-to-rent ratio in Florida is about 15.6.
| Metric | Egypt Lake-Leto | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $436,461 | $311,338 | $248,835 |
| Median Household Income | $54,729 | $74,580 | $80,455 |
| Price-to-Income Ratio | 8.0 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Egypt Lake-Leto rose about 298.7%, while median household income rose about 38.3% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Egypt Lake-Leto | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 41.4% | 57.7% | 58.5% |
| Rental Rate | 49.6% | 27.7% | 31.2% |
| Vacancy Rate | 8.9% | 14.6% | 10.2% |
| Median Tenure (years) | 11.0 | 13.0 | 15.0 |
| Median Year Moved In | 2015 | 2013 | 2011 |
Egypt Lake-Leto has a homeownership rate of 41.4%, lower than the Florida average of 57.7%. Its housing vacancy rate is 8.9%, compared with 14.6% in Florida.
Housing Stock
| Metric | Egypt Lake-Leto | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.58 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1981 | 1988 | 1978 |
| Median Number of Rooms | 4.4 | 5.2 | 5.5 |
The typical housing unit in Egypt Lake-Leto was built around 1981. On average, 2.6 people live in a home with about 4.4 rooms, staying for about 11.0 years on average.
Egypt Lake-Leto, FL Housing Compared With Nearby Cities
Egypt Lake-Leto, FL is the 3rd largest of the 4 cities compared here, 35,150 residents against a local median of 84,768. Egypt Lake-Leto, FL's homeownership, at 45.5%, runs 23% below the 58.8% typical of the cities around it. That is the weaker end of the local range on this measure.
The cities themselves spread 21.9% on homeownership, so Egypt Lake-Leto, FL sits at one end of an already wide local range rather than apart from it. Egypt Lake-Leto, FL has the 4th highest homeownership of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Egypt Lake-Leto, FL | 35,150 | $436,461 #3/4 | $1,480 #3/4 | 45.5% #4/4 |
| Tampa, FL | 395,388 | $437,535 | $1,693 | 50.3% |
| Town 'n' Country, FL | 84,768 | $49,025 | $1,762 | 58.8% |
| Lake Magdalene, FL | 31,109 | $453,210 | $1,432 | 72.2% |
Frequently Asked Questions
Common questions about the housing market in Egypt Lake-Leto, Florida.
What is the median home price in Egypt Lake-Leto, Florida?
The median home price in Egypt Lake-Leto, Florida is $436,461, higher than the Florida average of $311,338.
What is the average home price in Egypt Lake-Leto, Florida?
The typical home price in Egypt Lake-Leto, Florida, reported as the median sale price, is $436,461. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Egypt Lake-Leto, Florida?
The median gross rent in Egypt Lake-Leto, Florida is $1,480 per month, lower than the Florida average of $1,668.
What was the median gross rent in Egypt Lake-Leto in 2020?
In 2020, the median gross rent in Egypt Lake-Leto, Florida was $1,077 per month.
What is the price-to-rent ratio in Egypt Lake-Leto, Florida?
The price-to-rent ratio in Egypt Lake-Leto, Florida is about 24.6, meaning it would take roughly 24.6 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Egypt Lake-Leto.
Are home prices or rent rising faster in Egypt Lake-Leto, Florida?
Both home prices and rent are rising in Egypt Lake-Leto, up about 28.8% and 6.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Egypt Lake-Leto, Florida?
41.4% of households in Egypt Lake-Leto, Florida own their home, lower than the Florida average of 57.7%.
What is the vacancy rate in Egypt Lake-Leto, Florida?
The housing vacancy rate in Egypt Lake-Leto, Florida is 8.9%, lower than the Florida average of 14.6%.
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